Non-Applicability of Regulation 32 of SEBI (LODR) Regulation, 2015 for the quarter and year ended, 2015
Awaiting price reaction for this filing.
Starlit Power Systems Ltd (formerly KDG Properties & Construction Ltd), listed on BSE with Scrip Code 538733, has filed a certification stating that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable for the quarter and year ended March 31, 2026. The Managing Director, Mukesh Sah, has signed the undertaking confirming the company did not raise any capital through public issue, rights issue, preferential issue, or similar mechanisms during this period. Since no capital was raised, there are no fund utilization statements or variations to report. This is a routine compliance filing where the company satisfies its disclosure obligation by confirming zero activity in capital raising.
This filing has no direct impact on shareholder value as it simply confirms the company did not raise external capital during the period. It indicates the company is in compliance with its listing obligations but may be operating without major equity fundraising activity.